The Federal Realty Investment Trust (FRT) has made various headlines with its executive team realignments, strong trading days despite losses, and stable PLACEHOLDERate in competition. The REIT has been named one of the best to purchase for 2024, while managing firms like Wellington and Point72 Asset Management have increased their shares in the company. Despite underperforming on some days, the Trust's stock sees continued growth, with a 6% increase since the last earnings report. The third-quarter 2024 earnings release date and conference call information were announced, and Quantinno Capital Management has acquired additional shares. The Trust is among the best dividend aristocrats for purchase. The Q3 2024 earnings call showed record FFO and strong results, despite missing the FFO estimates.
Federal Realty has received dual top workplace honors from The Washington Post and San Francisco Chronicle, with notable firms investing millions in the Trust. JPMorgan Chase & Co. took a strategic decision to decrease its Federal Realty holdings. Trust's annual forecast has been increased due to sustained leasing demand. Amid retail shifts, the Trust's stock shows resilience according to Investing.com. Raymond James has boosted the price target for the Trust's stock, and the leadership has witnessed some changes, particularly with COO Jeffrey Berkes exiting in 2024.
Federal Realty Investment Trust FRT News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sat, 14 Dec 2024 17:54:00 GMT - Rating 6 - Innovation 3 - Information 9 - Rumor 5
